The new version is designed to play high-resolution audio — no tape hiss and skips here. According to a statement from Sony, it can "reproduce master quality recordings just as the artists originally intended."

Also unlike its ancestors is the price tag, coming in at a little more than $1,100. (Video via SGNL)

For that hefty sum, though, you'll also get 128GB of built-in storage — enough to hold about 2,000 high-quality songs — a microSD slot for added storage, Wi-Fi capability and 60 hours of battery life.

Strangely, you'll also get a slightly outdated operating system, as according to USA Today, the Walkman is currently running Android 4.2 — which launched in 2012.

Sony has made attempts to relaunch the Walkman name in the past. As CNN notes: "Rebranding the Walkman as a high-resolution media player is Sony's umpteenth attempt to resuscitate the iconic brand. … Over the past decade, Sony has released Walkman-branded headphones, MP3 players and phones."